Trump tariffs live updates: Trump says semiconductor tariffs coming soon, could reach 300%

In a recent live update, Trump announced plans for steep tariffs on semiconductors—possibly climbing to 300%. The move aims to protect domestic chip manufacturing, but raises alarm among global trade partners. Such drastic tariff hikes could fragment tech supply chains, drive up electronics costs, and prompt retaliation. Experts warn these measures may disrupt cross-border manufacturing dependencies, jeopardizing semiconductor-centric industries worldwide while recalibrating global trade dynamics.